GBPUSD a break-out at 1.6325

so as you can see a break-out has taken place as predicted this can be a potential uptrend. However I will wait for the core CPI reports. At this time you can expect market to make a decisive move only after this report and most of all in the overlapping session.
However, we saw most of the asian and european market in green color today, on the other hand we can see FTSE100 moving up by +0.48% and I am pretty much bullish on it today.
Well so far major movement will take place after 2 hours from now (0650 hrs GST now) and then only we will be able to see all these speculation in the market, where analysts have been arguing that dollar would have a rally based on economic recovery signals, is correct or not.
Still I am expecting GBPUSD to rise further today...